Laws / Income Tax Rules, 1984 / 42
42 - Purchase of capital asset by Government
2020-21
42. Purchase of capital asset by Government.— The manner to be followed in connection with purchase of a capital asset by the Government under section 32(4) of the Ordinance, shall be as follows:-
(1) Where the Deputy Commissioner of Taxes has reason to believe that any immovable property is being transfe...
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